Volatile fuel prices can bankrupt an airline. Hedging offers protection, but which financial instruments should be used? This book explores hedging strategies and the operational levers—airfares, capacity, and fleet size—needed when that protection wears off.
Area-Based Management Tools and Marine Fisheries
This guide to Area-Based Management Tools (ABMTs) in fisheries examines their impact on biodiversity and socio-economic issues. It explores their governance, the tensions they face, and pathways to increase their effectiveness, with perspectives illustrated by case studies.
Tea in Australia
Before 1950, Australians were the world’s highest per capita tea consumers. This book tells the story of how tea became the national beverage, exploring its trade, marketing, and the evolution of social rituals like afternoon tea. The first comprehensive account of its kind.
As Vicini shows here, innovation and employment can be a good marriage, using an analysis of classical economists to challenge the old paradigm of ‘innovation means unemployment’, which has dominated economic debate for centuries.
Power and Communication
This book explores the relationship between power and the media in Western societies. The media exercise symbolic force, but are also subject to political and economic influence. This relationship is paradoxically as strict as it is opaque.
Using 12 years of research on the US textile industry and the apparel industry in the Latin American and Caribbean regions, Jackson argues that regulated trade agreements allow certain less globally competitive industries to become highly competitive in specific markets.
This book explores how persistent states of underdevelopment occur in strategic environments in which players are imitative rather than fully rational. It explains this form of coordination failure as a contest between competing economic agents.
This book develops a unique framework for exploring the evolution of banking systems amidst global transformations. By comparing the divergent paths of the EU, US, and Canadian sectors, it reveals key strategies for enhancing banking system efficiency and competitiveness.
Monetary Policy and Financial Stability
This book explores how monetary policy and a stable financial system promote growth. Analyzing central bank responses to the global financial crisis, it offers insights for students, researchers, and practitioners into the unending quest to reconcile growth and stability.
The Economics of Keynes and Uncertainty in Theory
For nearly a century, economics has failed to fully understand Keynes’s ideas. This book argues that this is due to a failure to recognize his central theme: uncertainty. It builds upon Keynes’s ideas on uncertainty and conventions to offer an alternative view of his work.
This book offers insights on current topics in development economics. The authors question common strategies like financial globalization and ask whether education has really been a factor in development. They address gender effects, leapfrogging, and the role of fiscal policy.
This book introduces the theory of price determination in agricultural and food markets. For advanced students, it covers neoclassical theory, unique institutions, and topics like imperfect competition, price volatility, and futures markets. Includes case studies and exercises.
This monograph explores the post-war revival of Ukraine’s economy based on world experience and advanced technologies. It offers practical recommendations for participants in reconstruction, while its approaches can be adapted for any country building a new economic model.
Open Innovation Dynamics
This book expands open innovation from a static strategic idea to a dynamic principle. It explores underexplored aspects of the concept, including culture, collective intelligence, and its connection to the micro- and macro-dynamics of economics.
Strategic Decisions in Directed Networks
Do theoretical models account for the decisions of network users? Drawing on two decades of research in transportation science and behavioral economics, this book uses laboratory experiments to test the validity of these models and finds that, with some qualifications, they do.
Using Poetry for Economic Analysis
This book is the first to amalgamate economics with poetry, novels, paintings, and movies. It presents the principles of economics in plain and lyrical English, analysing real-world issues for students, financial practitioners, and lay readers alike.
Culture of Tobacco
This book explores the impact of tobacco cultivation on rural Andhra Pradesh. A comparative study of two villages reveals how this labor-intensive crop creates prosperity and changes social relationships, prompting a re-examination of agricultural policy.
Arbitration Awards
Is international arbitration being contaminated by litigation, compromising its core principles? This book investigates this hypothesis by analyzing the language of international arbitration awards to identify elements that may provide evidence for this trend.
Tools of Their Tools
This book explores communication technologies in American culture over 150 years. How has American society molded these technologies? How have they, in turn, shaped American history? Are we still, in the words of Thoreau, “tools of their tools”?
Mothers of Innovation
What sparks innovation? This book reveals why property rights and resources were not enough to ignite the Industrial Revolution. The surprising key was expanding social networks, which fostered cooperation and integrated unrelated concepts to create something new.